Monday, February 25, 2013

"We continue to see opportunities in the energy sector, as North
American oil production continues to rise. Tank barge capacity in the
industry continues to be in tight supply, so we are confident that we
will be able to quickly realize the earnings benefit of the new tank
barges that will be completed by Jeffboat during the first half of 2013.

The manufacturing segment's external revenue backlog at the end of 2012
was $52.4 million, representing 2013 production backlog compared to a
backlog of $101.2 million as of December 31, 2011. More recently, the
external revenue backlog has increased to approximately $140 million as
the remainder of 2013 production capacity, beyond the completion of the
oversize tank barges currently in production for the transportation
segment, has been committed for sale to third parties.

Blog Archive

Nothing on this blog shall be construed as investment advice or as legal advice. No site content (including advertisements) shall be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.

The content on this site is provided without any warranties, express or implied, and does not constitute, and should not be taken as, investment advice.

The author and affiliates may and do hold positions in the securities and companies mentioned on this site. Any position disclosed on this site may be modified or reversed without notice to you.

The ideas expressed on this site are solely the opinions of the author. Any action that you take as a result of information, analysis, or advertisement on this site is solely your responsibility.

By accessing or using the RSS feeds on this site, you are agreeing to these terms and conditions: You may use the RSS Feeds on your Web Site for non-commercial use only, and with visible attribution. You may not sell, retransmit, redistribute, or commercially exploit the RSS Service, headlines or content in any manner except as expressly permitted by us. Credit Bubble Stocks reserves the right to discontinue providing RSS feeds and to require that you cease accessing or using the RSS feeds, or RSS feed content, at any time for any reason.